Current Tariffs
Cut through the noise and get a clear, up-to-date snapshot of tariffs in place right now. Whether you’re an importer, exporter, or supply chain pro, quickly see the latest trade regulations without the hassle. Stay informed, stay compliant.
Canada
- Effective 3/4/2025 at 25% (imports of energy or energy resources had a 10% rate)
- 3/7/2025 – exemptions were announced for items eligible for USMCA and potash (not retroactive).
Mexico
- Effective 3/4/2025 at 25%
- 3/7/2025 – exemptions were announced for items eligible for USMCA and potash (not retroactive).
China
- 3/13/2025 – 20% on all imports
EU
- Announced 3/13: Trump has promised a 200% tariff on EU wine and champagne
Blanket Tariffs
- Steel/Aluminum at 25%
U.S. Exports
- China – 15% on imports of key U.S. farm products including wheat, corn and cotton. 10% on imports of soybeans, pork, beef, seafood, fruit, vegetables, and dairy.
- Announced EU (3/12) – an estimated $28 billion in U.S. goods ranging from meat to home appliances to motorcycles and peanut butter. The tariffs are expected to be in place on April 13th, 2025.
- Announced CA (3/12) - retaliatory tariffs impacting steel, aluminum, computers, sports equipment, and cast iron products estimated at $29.8 billion.
Reciprocal Tariffs
February 19, 2025
The White House has issued a new memorandum on reciprocal tariffs, further detailing the changes to U.S. trade policy. Here’s what you need to know:
- The administration is starting to identify non-reciprocal trade relationships, but no defined timeline for action has been set.
- Agencies will begin investigating the impact of non-reciprocal trade arrangements, with reports submitted directly to the administration once investigations are complete.
- The Office of Management and Budget (OMB) will assess the fiscal impact on the federal government and the burden of information requests on the public. This review must be completed by August 13.
Based on this information, it will likely be several months before this initiative gains traction. Implementation will also take time, as evidenced by recent trade actions like the expiration of Section 321 for China and the derivative steel and aluminum articles.
For more details, you can view the official White House memo here: Reciprocal Trade and Tariffs Memo
February 13, 2025
President Trump has announced a reciprocal tariff policy, aiming to match the tariffs and trade barriers imposed on U.S. exports by other nations.
Nations potentially facing higher U.S. tariffs include:
- India
- Brazil
- Vietnam
- Argentina
- Several Southeast Asian and African Countries
- Japan
- European Union Member States
- China
These nations have been identified for their tariffs on U.S. agricultural goods, automobiles, and other exports, as well as for non-tariff barriers such as government subsidies and restrictive regulations on American companies mentioned above.
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